Ang, Alvin P.; Sugiyarto, Guntur; Jha, Shikha - 2010
As one of the world's largest recipients of remittances, the Philippines received remittances roughly 12% of its gross … to the Philippines do not have a significant influence on other key items of consumption or investment such as spending … households out of poverty. Remittances thus may help in fighting poverty in the Philippines but not in rebalancing growth …
